Punjab Chief Minister Maryam Nawaz has announced that significant evidence of gold deposits has been identified in the province’s rivers, raising hopes for new investment in Pakistan’s mining industry.
Speaking at the Pakistan Minerals Investment Forum in Islamabad on November 12, 2026, she said geological findings indicated the presence of placer gold, particularly around Attock and Mianwali.
The announcement comes as Punjab seeks to attract investors and expand its mineral resources sector.
What Are Placer Gold Deposits?
Placer gold refers to small gold particles found naturally in riverbeds, sand and gravel.
These deposits form when erosion breaks down gold-bearing rocks. Over time, flowing water carries the particles downstream, where they settle in sediment.
Unlike traditional underground mining, placer gold can sometimes be recovered from river sediments.
However, discovering gold particles does not necessarily mean that mining will be profitable.
Further geological surveys are needed to determine the quantity, quality and commercial value of the deposits.
Attock and Mianwali Identified as Promising Areas
Maryam Nawaz said significant evidence of placer gold had emerged across Punjab’s five rivers, with particular attention on Attock and Mianwali.
The findings could create opportunities for mineral exploration and investment.
However, authorities have not yet announced confirmed commercially recoverable reserves or a timeline for large-scale extraction.
Punjab Reports Growth in Mining Revenue
During her address, the chief minister also discussed improvements in Punjab’s mining sector.
She said provincial mines and minerals revenue had increased from approximately Rs10 billion to Rs40 billion over two and a half years.
The government aims to attract further investment through improved regulation and mineral development.
Can Punjab’s Gold Deposits Boost the Economy?
If future surveys confirm commercially viable deposits, placer gold extraction could generate revenue, employment and investment.
However, mining projects must also consider environmental risks, including riverbed disturbance and water pollution.
For now, the findings represent potential rather than confirmed commercial production.
Punjab’s reported gold deposits may offer a new economic opportunity, but detailed exploration and responsible mining practices will determine their actual value.
